Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.18 127.88 0.82
Bottoms Long -0.18 117.35 0.66
Tops Intermediate 0.06 136.02 0.19
Bottoms Intermediate -0.3 117.20 0.58
Tops Short 0.06 134.45 0.02
Bottoms Short 0.6 136.53 0.90
alerts